Associated Brands Adds Splenda'a''R' No Calorie Sweetener to Product Lineup.TORONTO -- Associated Brands Income Fund (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :ABF ABF Arbetarnas BildningsFörbund ABF American Breakfast (Thailand Hotels) ABF Associated British Foods plc (London, UK) ABF Association des Bibliothecaires Francais (French) .UN) announced today that it has been appointed Master Distributor for the Canadian foodservice market for Splenda(a)(R), North America's leading and fastest growing brand of No Calorie Sweetener Sweetener A special feature added to a debt obligation or preferred stock to promote marketability. Notes: Warrants and convertibles are two popular sweeteners. See also: Convertible Bond, Kicker, Warrant Sweetener . Through this strategic alliance, Associated Brands will take title of the Splenda(a)(R) Foodservice product and be responsible for its sales, marketing and distribution across the country within the foodservice market. "We are very pleased to have entered into this important alliance with McNeil Consumer Healthcare, Canada. As Master Distributor for Splenda(a)(R) we will significantly expand our presence in the Canadian foodservice business," commented Rob Dougans Rob Dougan, also known as Rob D (born in Sydney, Australia in 1965) is a genre-blending music composer. Mixing elements of orchestral music, trip hop, and bluesy vocals, his work is only tangentially relatable to electronic music. , Associated Brands' President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We are very excited about the potential this new product line brings to Associated Brands and our resulting ability to build our business with both existing and new customers." Splenda(a)(R) is one of the most successful products in the consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one industry. Introduced in 1992, the brand has grown to be the number one selling No Calorie Sweetener brand in the Canadian market. Associated Brands Income Fund (TSX: ABF.UN), through its operating subsidiaries, is a leading North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. manufacturer and supplier of private-label dry blend food products, including artificial sweeteners. Since beginning operations in 1985, Associated Brands has grown to become one of the three largest suppliers of a diverse range of private-label dry-blend food products in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , producing over eleven million cases annually across multiple product categories currently sold to 44 of the 50 largest North American food retailers. Associated Brands plans to build unitholder value by leveraging its solid presence in the U.S. private-label market, expanding its product offerings to current and new customers and adding additional contract manufacturing business, and through accretive acquisitions Accretive Acquisition An acquisition that will increase the acquiring company's EPS. Notes: As they are expected to increase the acquiring company's future earnings, these acquisitions tend to be favorable for the company's market price. that meet its strict operating and strategic criteria. More information can be obtained at www.associatedbrands.com. Certain statements in this press release may include "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of Associated Brands Income Fund to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . When used in this press release, such statements use such words as "may", "will", "expect", "anticipate", "project", "believe", "plan", and other similar terminology. The risks and uncertainties are detailed from time to time in reports filed by the Fund with the securities regulatory authorities in all of the provinces and territories of Canada. New risk factors may arise from time to time and it is not possible for management to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance and achievements of the Fund to be materially different from those contained in forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. (a) Denotes an asterisk which is part of the company name however cannot be transmitted across the wire due to database restrictions. Associated Brands Income Fund (TSX:ABF.UN) |
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